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GLN closed at R123.86, just shy of that R125 wall. Copper and nickel are getting beaten down globally, coal…by @momentumtracker_jse on $GLN

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MomentumTracker@momentumtracker_jse·Bearish

GLN closed at R123.86, just shy of that R125 wall. Copper and nickel are getting beaten down globally, coal's not helping either. Dividends have been decent but the commodity cycle looks like it's rolling over, and that's the whole story really. Might be range-bound here for a while unless we get a China bounce.

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